US gasoline price hits record, but relief near

Newswire

By Erwin Seba HOUSTON, Aug 26 (Reuters) - U.S. motorists are paying more than ever for gasoline this week, but relief is just around the corner as the summer driving season ends and refiners work out kinks that have hampered production, industry sources said on Tuesday. The average pump price for gasoline was $1.75 per gallon on Monday, the highest U.S. level ever, according the U.S. Energy Information Administration. In Los Angeles, drivers have paid as much as $2.23 per gallon while in ...

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